Groestlcoin Interview: Groestlsend announcement!

Groestlcoin Interview: Groestlsend announcement!

Today I’m here with ” gruve_p ” , a Groestl developer who is here to announce Groestl’s new upcoming feature: Groestlsend! On top of that, they are also announcing a switch to POW/POS to further secure the network. Bitcoin was overtaken by ASICS. Then ASICS started to come in for Scrypt. Then there were FGPA’s for x11. We needed a ASIC free/FGPA algo. We wanted a new algo which was AES supported/accelerated. We contacted groestl on groestl.info and together we developed this algo. All new mobiles/tablets will support AES. We wanted to generate less heat and energy as summer is coming and....


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Quotes

We are acutely aware that digital currency is an inevitable technical development that will lead to significant innovation in online commerce, financial systems, international payments and remittances and global economic development.

Dr. Christos Vlachos, Chief Financial Officer of University of Nicosia